Dell Technologies Inc. $DELL Shares Purchased by Highland Capital Management LLC

Highland Capital Management LLC raised its position in Dell Technologies Inc. (NYSE:DELL) by 235.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,819 shares of the technology company’s stock after purchasing an additional 11,811 shares during the period. Highland Capital Management LLC’s holdings in Dell Technologies were worth $2,384,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Winnow Wealth LLC acquired a new stake in Dell Technologies during the second quarter worth approximately $25,000. Westside Investment Management Inc. lifted its stake in shares of Dell Technologies by 84.7% during the 2nd quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock worth $27,000 after purchasing an additional 100 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Dell Technologies during the second quarter worth $28,000. Central Pacific Bank Trust Division purchased a new stake in shares of Dell Technologies in the second quarter valued at $29,000. Finally, Johnson Financial Group Inc. increased its stake in Dell Technologies by 66.2% in the second quarter. Johnson Financial Group Inc. now owns 251 shares of the technology company’s stock valued at $31,000 after purchasing an additional 100 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DELL has been the topic of a number of research analyst reports. Evercore ISI set a $180.00 price target on Dell Technologies and gave the stock an “outperform” rating in a research note on Monday, November 3rd. The Goldman Sachs Group raised their target price on shares of Dell Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Wells Fargo & Company upped their price target on shares of Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 8th. Bank of America lifted their price target on shares of Dell Technologies from $160.00 to $163.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, Mizuho upped their price objective on Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Sixteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $162.84.

Dell Technologies Stock Performance

Dell Technologies stock opened at $129.22 on Friday. The firm has a market capitalization of $85.64 billion, a PE ratio of 17.23, a price-to-earnings-growth ratio of 0.86 and a beta of 1.03. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $168.08. The stock’s 50 day moving average price is $138.64 and its 200 day moving average price is $133.37.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The company had revenue of $27.01 billion for the quarter, compared to analyst estimates of $27.26 billion. During the same quarter last year, the firm posted $2.15 earnings per share. The business’s quarterly revenue was up 10.8% on a year-over-year basis. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. On average, analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be issued a $0.525 dividend. The ex-dividend date is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies’s payout ratio is currently 28.00%.

Insider Activity at Dell Technologies

In other news, Director Iv (Gp) L.L.C. Slta sold 499,999 shares of Dell Technologies stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $161.48, for a total transaction of $80,739,838.52. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lake Group L.L.C. Silver sold 6,617 shares of the stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $151.63, for a total value of $1,003,335.71. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,287,379 shares of company stock valued at $345,319,592. 42.00% of the stock is currently owned by insiders.

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.